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The stock of the Iridex Corporation jumped more than 15 percent yesterday, one day after the company, which makes laser systems used to treat eye diseases, received approval from the Food and Drug Administration to sell its Oculight laser. The...

August 31, 1996, Saturday

Shares of the Iridex Corporation fell 28 percent yesterday, one day after the eye laser company said second-quarter earnings were nearly flat despite a 14.7 percent jump in sales. The results were well below the expectations of analysts. The company...

July 25, 1996, Thursday

The Iridex Corporation sold 2.55 million of its common shares for $23 million, or $9 each, in its first public stock offering, the company said yesterday. Proceeds from the sale will be used for working capital and other general corporate purposes,...